Report: CEO's in Ontario hospitals overpaid

Ontario pays hospital CEO's some of the highest salaries in the business, according to reports, up to 6 times more than their American counterparts

While hospital CEO's in the U.S. make an average of $116,000, CEO's in Ontario hospitals are pulling down as much as $830,000, the highest salaries in Ontario's public service, the Toronto Star writes.

Even in the smallest Ontario Hospitals, CEO salaries are approaching the $200,000 level.

The Ontario Hospital Association justifies these wage levels by saying that they are necessary to attract quality executives for the positions; however, a comparison to American hospitals shows that CEO's south of the border are actually making far less than their Ontario counterparts.

Apparently, Ontario hospital CEO wages are being compared to bank executive wages to justify these huge wages, instead of being compared to other hospital executive wages.

These uneven comparisons are from a report just released by former deputy prime minister John Manley who recommended keeping CEO wages high.

In addition to extraordinary wages, hospital CEO's in Ontario also receive generous perks, up to $1200 a month for vehicle expenses.

A CBC interview with the originators of this Ontario Hospital Association report can be heard here.